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 Malaysian Estimated Weekly RON95/RON97 Price, RON95 ◆, RON97 ◆ on 7/3 (Estimation)

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ivanlim
post Apr 12 2018, 11:26 AM

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Junior Member
47 posts

Joined: Apr 2007
From: segambut


QUOTE(dannyw @ Apr 11 2018, 06:06 PM)
From now on, no need to calculate...

Guess the price should be No change until May...  tongue.gif
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I think it's still a good exercise to do the calculations.
Helps us understand the world trending prices.

Good job to the guys who are doing it.
Please keep it up because I find it very helpful.
Thanks.
ivanlim
post Jul 10 2018, 04:47 PM

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Junior Member
47 posts

Joined: Apr 2007
From: segambut


QUOTE(isr25 @ Jul 10 2018, 09:16 AM)
My prediction/calculation for the new RON97 price that will come on Thursday:

RON95
2/7 USD84.41 @ 4.0430 = RM341.26963
3/7 USD83.04 @ 4.0500 = RM336.312
4/7 USD83.57 @ 4.0550 = RM338.87635
5/7 USD83.65 @ 4.0540 = RM339.1171
6/7 USD83.49 @ 4.0520 = RM338.30148

Average weekly price per barrel 338.775312
1 barrel = 158.987295L
RM2.1308

Operator Margins is RM0.05 Alpha, RM0.0954 Operating Cost, RM0.05 Oil company margin, and RM0.1219 Petrol station dealer's margin

RON95 price is RM2.1308+RM0.3173 = RM2.45/L
RON97 price is estimated to be RM2.59/L (Around 14 sen more than RON95 on average) - an increase of 1 sen.
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how does the government keep subsidising?? curious...

 

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